USDA Weekly Export Sales
13/01/11 -- USDA weekly export sales for the period December 31-January 6 were very disappointing for wheat compared with trade expectations, although corn and soybean sales were in line with trade ideas.
Soybean sales were split 495,000 MT old crop and 180,000 MT new crop. China took 217,400 MT of the old crop and all of the new crop. Corn sales included 68,300 MT of new crop.
Wheat sales were down 68 percent from the previous week and 75 percent from the prior 4-week average. Egypt took 64,300 MT.
Soybean sales were split 495,000 MT old crop and 180,000 MT new crop. China took 217,400 MT of the old crop and all of the new crop. Corn sales included 68,300 MT of new crop.
Wheat sales were down 68 percent from the previous week and 75 percent from the prior 4-week average. Egypt took 64,300 MT.
Product | Actual | Forecast |
Soybeans | 675,000 MT | 600 - 700 TMT |
Wheat | 175,200 MT | 400 - 500 TMT |
Corn | 507,500 MT | 450 - 650 TMT |